JOBY's $250M eVTOL Deal Signals Asian Expansion: More Growth Ahead?
Key Takeaways Joby Aviation signed a letter of intent with AAAG for eVTOL sales and services worth up to $250 million.The partnership includes support from Kazakhstan's AI and Digital Development Ministry for AAM infrastructure.AAAG and Joby will explore sourcing materials like titanium from Kazakhstan for aircraft production.Joby Aviation (JOBY) recently announced the signing of a letter of intent with Alatau Advance Air Group (“AAAG”) for the potential sale of its electric vertical takeoff and landing (eV ...